Business and Economy
Business and Economy National Transformation News

US Exim Bank Approves $526M Loan for Guyana’s Gas-to-Energy Project

By Saskia Warrick – December 27, 2024 Guyana’s energy sector is poised for a significant transformation with the approval of a $526 million loan from the US Export-Import Bank to support the country’s ambitious Gas-to-Energy (GTE) project. This initiative aims to boost energy security, cut emissions, and enhance the nation’s electricity capacity. The project will […]

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Business and Economy National Transformation One Guyana

Teachers Begin Uplifting $100,000 Cash Grant for the Holidays

By Celestine ChaconDecember 23, 2024 Teachers and staff of the Ministry of Education have begun collecting their one-time $100,000 cash grant as part of the festive season’s support. The distribution process commenced earlier today at the Ministry’s Brickdam office before moving to St. Stanislaus College, where several stations were set up for efficient access. Shannielle […]

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Business and Economy Local Development Low Carbon Development National Transformation News

Guyana Marks 5 Years of Oil Production with Significant Local Benefits

By Josiah WilliamsDecember 19, 2024 As Guyana celebrates five years of oil production since its historic “first oil” on December 19, 2019, the country has seen transformative changes that are benefiting local businesses and citizens alike. Dr. Bharrat Jagdeo, General Secretary of the People’s Progressive Party (PPP), highlighted the immense impact that oil production has […]

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Business and Economy News

Amaya Milk Expands Product Line with Two New Flavors

By Celestine ChaconDecember 18, 2024 The Amaya Milk Company has introduced two new milk flavors to its growing range of products. The official launch event was held at Coffee Bean in the Amazonia Mall, where Guyanese CEO Omakaar Sharma unveiled the new chocolate and strawberry flavored milks. Sharma revealed that the new products were launched […]

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Business and Economy Human Development National Transformation News

Guyana and Qatar Strengthen Ties on Qatar National Day

By Josiah WilliamsDecember 17, 2024 The longstanding friendship between Guyana and Qatar serves as a model of global cooperation, with both nations committed to mutual growth and development. President Dr. Irfaan Ali emphasized this during a reception at the Marriott Hotel on Monday evening to celebrate Qatar’s National Day. In his remarks, the President highlighted […]

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Business and Economy Human Development National Transformation News One Guyana

Charity to Become Major Export Hub with $1B Modern Port Facility

By Josiah WilliamsDecember 13, 2024 Charity, located in Region Two, is set to be transformed into a significant export hub with the construction of a state-of-the-art, one-billion-dollar port facility. The announcement was made by President Irfaan Ali during an outreach to Charity residents on Thursday. The port facility, part of a broader development vision for […]

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Business and Economy Human Development National Transformation News

Government Announces Public Sector Salary Increases; Lindeners React

December 11, 2024 The Government of Guyana has formalized a two-year agreement with the Guyana Public Service Union (GPSU), introducing substantial salary and allowance increases for public servants. The announcement, made by President Dr. Mohamed Irfaan Ali, includes measures to incentivize academic achievements and enhance professional development in the public sector. Residents in Region Ten, […]

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Business and Economy National Transformation News

Guyana and Qatar Strengthen Bilateral Relations Through High-Level Political Consultations

By Saskia WarrickDecember 10, 2024 Guyana and Qatar are advancing their diplomatic and economic ties through high-level political consultations focused on fostering cooperation in key sectors. The discussions, held at the Ministry of Foreign Affairs, emphasized collaboration in agriculture, health, energy, and investment, while also exploring opportunities within multilateral institutions such as the United Nations. […]

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Business and Economy News

Government Partners with European Group to Establish Pork Processing Facility

By Saskia WarrickDecember 10, 2024 The Government of Guyana is expanding its agro-processing sector through a strategic partnership with a European group to establish a pork processing facility. Vice President Dr. Bharrat Jagdeo announced the collaboration, emphasizing the project’s potential to serve both domestic and export markets. This initiative aims to enhance Guyana’s agricultural value […]

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Business and Economy News

Norton Wine House: A Tasteful Addition to Guyana’s Food and Beverage Industry

By Delicia Janneire | December 9, 2024 Nestled at 46 Norton Street between Haley and Hardina Streets in Wortmanville, the newly opened Norton Wine House is set to elevate Guyana’s culinary and beverage scene. Owned by Matthew Hardin, a Guyanese who spent several years in Portugal, the establishment caters to a growing interest in fine […]

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